Post Budget Reaction by Mr. Neeraj Sharma, Country Head – UNISOC India (formerly Spreadtrum Communications)

The interim budget 2019 carries strong markers of the success of the digital revolution in India, further paving the way for India to emerge as the digital economy in times to come. As announced by the interim Finance Minister Piyush Goyal, India presently leads the world in the consumption of mobile data, which has grown 50X in the last 5 years. Owing to Make in India, the number of mobile and parts manufacturing companies have also grown from a mere 2 to 268, creating enough jobs in the economy. The government further aims to support leading technologies like AI by developing a National Artificial Intelligence portal and has set its eyes on achieving one lakh digital villages in the next 5 years. This serves as a strong growth impetus, with the next wave of digitalization belonging to the hinterlands of India. Driven to transform mobile communication, we at UNISOC look forward to supporting manufacturing products that will enable this next wave of digital revolution in India. News Service

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